July-June period: textile machinery import falls to $434.786 million

08 Jun, 2019

The country's textile machinery import declined to $434.786 million in July-June 2018-19, down by 8 percent, official figures say. Fall in the textile machinery import now stands at $59.521 million in July-June 2018-19 as against the machinery import of $494.307 million in July-June 2017-18, Pakistan Bureau of Statistics shows.
In June 2019, Pakistan imported $55.396 million of textile machinery, which is higher by 22 percent or $9.969 million from $45.427 million in June 2018. Import of the construction and mining machinery scaled down to $192.278 million in July-June 2018-19 from $294.307 million in July-June 2017-18, showing a fall of 35 percent or $102.029 million.
The country's import of construction and mining machinery slumped by 53.25 percent or $16.46 million to $14.451 million in June 2019 from $30.911 million in June 2018. Pakistan's import of electrical machinery and appliances dropped by 17 percent or $295.943 million to $1.495 billion in July-June 2018-19 from $1.791 billion in July-June 2017-18. Electrical machinery and appliances were imported to the tune of $171.311 million in June 2018-19 less by 11 percent or $20.743 million from $192.054 million in June 2018.

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